AGP Executive Report
Last update: 9 hours agoOil & Gas Finance: SBM Offshore lifted its 2026 outlook again after a strong first-half, boosted by new FPSO work and the sale of FPSO ONE GUYANA, raising directional revenue guidance to about US$7.6B and directional EBITDA to about US$1.9B. Energy Security & Regional Trade: Curaçao is pitching itself as a logistics hub for offshore operations tied to Suriname and Guyana, citing deep-water port capacity, ship repair, bunkering and energy know-how. Local Industry & Jobs: President Ali renewed promises to complete the Kwebanna Road in Region One, linking the corridor to housing, agriculture, poultry, hydroponics and swamp shrimp production. Food Prices & Transport: Ali also outlined steps to cut Moruca sub-region food costs, including a proposed cargo service between Charity and Moruca and expanded poultry and other farm financing via the Guyana Development Bank. Infrastructure Procurement: Public Works received four bids to relocate sections of the old Demerara Harbour Bridge for the Sandhills-to-Timehri crossing, with contractor offers ranging from about US$272M to US$1.08B. Manufacturing Policy: The GMSA pushed back on a state-owned water bottling plant, warning it could undercut local manufacturers and crowd out private investment. Disaster Response: Government ended active search for MV Barima victims, though the MRCC remains on standby while forensic identification continues. Climate & Safety: The Fire Service warned against burning garbage and grass as El Niño-driven dry conditions raise wildfire risk.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.